MSME Registration

Adhaar number issued for Business Unit is known as Udyog Adhaar. Indian government has provided many benefits for Micro, Small and Medium Enterprises (MSME). In order to be eligible to get these benefits, any entity should register itself as MSME/ SSI enterprise under Micro, Small and Medium Enterprises Development Act, 2006.

MSME REGISTRATION (UDYOG ADHAAR)

Basic Details

What are the advantages MSME Registration or Udyog Aadhaar ?

Gets preference in procuring Government Tenders.
Collateral free loans from Banks and financial institution.
Exemption on interest rate on overdraft.
Eligible for Industrial Promotion subsidy.
Subsidy on Patent registration.
Right of interest on delayed payments from buyer.
Time bound resolution of disputes with buyers through Arbitration and Conciliation.
Concession in Electricity Bills.
Reimbursement of ISO Certification charges.

What are the types of Enterprises eligible to be registered under MSME Act, 2006 ?

Micro Business Enterprises
Small Business Enterprises (Also known as Small Scale Industries – SSI)
Medium Business Enterprises

Who can apply for MSME registration or Udyog Aadhaar ?

Any Micro enterprise engaged in:

Manufacturing activities having investment in plant and machinery of less than INR. 25 lakhs.

Service providing having investment in equipments less than INR. 10 Lakhs.

Any small enterprise engaged in:

Manufacturing activities having investment in plant and machinery of not less than INR. 25 lakhs but not more than INR. 5 Crores.

Service providing having investment in equipments not less than INR. 10 Lakhs but not more than INR. 2 Crores.

Any Medium enterprise engaged in:

Manufacturing activities having investment in plant and machinery of more than INR. 5 Crores.

Service providing having investment in equipments not less than INR. 10 Lakhs but not more than INR. 2 Crores.